How does grabbing a chicken roll in Kolkata—a city famed for its vibrant culinary heritage—connect to the US-Israel-Iran war raging in the Middle East? Surprisingly, it does—a lot. Samir Ray, who runs a bustling fast-food stall serving hundreds daily, told Invezz he may soon have to shut down amid India’s worsening LPG cylinder shortage, directly
As the conflict in the Middle East continues to roil global markets, investors are searching for signs of a turnaround. However, today on CNBC, Altaf Kassam – EMEA Head of Investment Strategy and Research at State Street Global Advisors – provided a sobering reality check. While historical precedents suggest that markets often rally before a
Shares of Adobe fell sharply by 8% in premarket trading on Friday after the software company said long-time chief executive Shantanu Narayen would step down, triggering investor concern at a time when the industry is also grappling with rapid changes brought about by artificial intelligence. While the fiscal first quarter results largely beat estimates, the
Polkadot (DOT) is in the red while other major cryptocurrencies are rallying. The coin is down by less than 1% in the last 24 hours and now trades at $1.524. It is approaching a key resistance zone, where a breakout could trigger a rally. The rally could be fueled by growing institutional demand for Polkadot
US stock index futures edged higher in choppy trading on Friday as investors awaited key economic data on growth and inflation, while escalating tensions in the Middle East continued to push oil prices higher and cloud the outlook for global markets. Futures tied to the Dow Jones Industrial Average rose 135 points, or about 0.29%,
The UK economy unexpectedly stalled in January, raising concerns about the country’s ability to withstand a sharp rise in energy prices triggered by the escalating conflict in the Middle East. Data released by the Office for National Statistics showed that gross domestic product remained flat in January, with 0% growth, compared with December, when the
The Dubai edition of Token2049, one of the world’s largest crypto industry conferences, has been postponed as regional tensions continue to disrupt international travel across the Middle East. Organisers confirmed on Friday that the event, originally planned for April 29-30 in Dubai, will now take place on April 21-22, 2027. The decision comes as the
The United States issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products stranded at sea, drawing criticism from Germany and other European allies on Friday, but approval from Moscow. The waiver, which will last till April 11, according to US Treasury Secretary Scott Bessent, was intended to stabilise global energy
US stocks opened in green on Friday after oil prices displayed some sign of easing, and officials from the Trump administration signalled that the Strait of Hormuz blockade will not be a long-term problem. The Dow Jones Industrial Average climbed 301 points, or 0.7%, while the S&P 500 added 0.5%, with the Nasdaq Composite also
The S&P 500 Index remains under pressure this week, continuing a slow downtrend that started in January when it peaked at a record high of $7,000. It has retreated by over 4.8% and is now hovering at its lowest level since November last year. Technicals suggest that this index has more downside to go as